Jones Junkyard Corp. had the following transactions for this year. Prepare journal entries for each transaction and post the transactions to the provided ledger cards as you go along. Note: You will not be posting the complete entries -- post to only the accounts listed in the genearl ledger cards.
a) On Jan 1, Jones Junkyard issued 6,000 shares of $2 par value common stock for $13,000.
b)On March 15, Jones Junkyard purchased 3,000 shares of their own stock on the open market for $10 cash per share.
c) On July 10, Jones Junkyard re-issued 2,500 shares of the treasury stock for $12 per share.
d) On October 31, Jones Junkyard re-issued 500 shares of treasury stock for $9 per share.
